Ermenegildo Zegna N.V. Weathers Economic Turmoil, Attracts New Investors Despite Price Decline
June 12, 2023
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Ermenegildo ($NYSE:ZGN) Zegna N.V. is a globally renowned Italian fashion house that has been producing luxurious menswear for over a century. Despite recent global economic turmoil, the company has seen an influx of new investors, as well as continued support from its existing shareholders. The stock closed at $11.79 in the previous session, a slight decrease of 0.42% from its day before closing price of $11.84. This decline in stock price has not deterred investors, however, as Ermenegildo Zegna N.V. continues to be seen as a sound investment option in a time of economic unrest. The company’s financial success has been largely attributed to its commitment to high quality materials and craftsmanship, as well as its willingness to embrace an ever-changing fashion landscape.
Ermenegildo Zegna N.V. has also invested in new technologies and product lines, which have helped it weather the turbulence of the modern economy. As a result, the company remains an attractive investment option for both novice and experienced investors alike. In conclusion, Ermenegildo Zegna N.V. has managed to weather economic turmoil, while still expanding its international presence and attracting new investors. Despite a slight decline in stock price, the company continues to be seen as a safe haven for investors looking for long-term growth and stability.
Stock Price
Despite the economic turmoil currently facing many businesses, ERMENEGILDO ZEGNA N.V remains resilient and has managed to attract new investors despite a price decline. On Thursday, ERMENEGILDO ZEGNA N.V stock opened at $11.8 and closed at $11.7, down 0.4% from the prior closing price of 11.8. Despite this decrease, the company has been able to maintain investor confidence, with new investors entering the market to take advantage of the current prices. The company has also been able to weather the economic storm by focusing on innovation and finding creative ways to reduce costs while still maintaining strong customer service.
ERMENEGILDO ZEGNA N.V has been able to stay ahead of the competition by creating products and services that are more attractive to its customers, while also introducing new technologies that give customers more options and convenience. Overall, ERMENEGILDO ZEGNA N.V has been able to survive the economic downturn, attract new investors, and keep its customers satisfied despite the price decline. This resilience in the face of difficult times is a testament to the strength of the company and its ability to stay resilient and competitive in the marketplace. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ZGN. More…
| Total Revenues | Net Income | Net Margin |
| 1.49k | 51.48 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ZGN. More…
| Operations | Investing | Financing |
| 146.4 | -57.34 | -297 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ZGN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.43k | 1.69k | 2.8 |
Key Ratios Snapshot
Some of the financial key ratios for ZGN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.2% | 13.7% | 7.8% |
| FCF Margin | ROE | ROA |
| 4.9% | 11.2% | 3.0% |
Analysis
At GoodWhale, we conducted an analysis of ERMENEGILDO ZEGNA N.V’s wellbeing. Our Risk Rating categorized this company as a medium risk investment, which indicates that there are a few warning signs in both its financial and business aspects. Specifically, our analysis of the company’s income sheet, balance sheet, and cashflow statement revealed three risk warnings. To learn more about the particular risks we identified, you can register on GoodWhale.com and view our findings for yourself. More…
Peers
Ermenegildo Zegna NV is one of the most well-known and respected fashion brands in the world. The company has been in business for over 100 years and has built a reputation for quality and luxury. Zegna is headquartered in Italy and has a strong presence in Europe and the United States. The company’s main competitors are Dazzle Fashion Co Ltd, Adolfo Dominguez SA, BIEM.L.FDLKK Garment Co Ltd.
– Dazzle Fashion Co Ltd ($SHSE:603587)
Dazzle Fashion Co Ltd is a publicly traded company with a market capitalization of 6.76 billion as of 2022. The company has a return on equity of 11.66%. Dazzle Fashion Co Ltd is a leading fashion retailer in China with over 1,500 stores across the country. The company offers a wide range of products including apparel, accessories, and home furnishings.
– Adolfo Dominguez SA ($LTS:0DGZ)
Adolfo Dominguez SA is a Spanish fashion retailer. The company operates in Spain, Portugal, the United States, Mexico, Colombia, and Peru. It offers a range of products for men, women, and children, including clothing, footwear, and accessories. Adolfo Dominguez SA was founded in 1976 and is headquartered in A Coruña, Spain.
The company’s market cap is 34.96M as of 2022. The company has a Return on Equity of -54.6%.
Adolfo Dominguez SA is a fashion retailer that offers a range of products for men, women, and children. The company operates in Spain, Portugal, the United States, Mexico, Colombia, and Peru. Adolfo Dominguez SA was founded in 1976 and is headquartered in A Coruña, Spain.
– BIEM.L.FDLKK Garment Co Ltd ($SZSE:002832)
Garment Co Ltd is a market leader in the garment industry, with a market cap of 13.09B as of 2022. The company has a strong focus on customer satisfaction and quality control, with a return on equity of 14.94%. Garment Co Ltd manufactures and sells a wide range of garments, including shirts, pants, dresses, and outerwear. The company also operates a number of retail stores across the country.
Summary
Amidst the economic uncertainty, Ermenegildo Zegna N.V. has managed to capture the attention of new investors. The stock price closed at $11.79 in the last trading session, a decrease of -0.42% from the previous day’s closing price of $11.84. Analysts have noted that the company has good profitability prospects and is a reliable investment option for those looking to diversify their portfolio.
They also point to Ermenegildo Zegna’s focus on innovation and its commitment to sustainability as reasons for their optimism. Furthermore, investors have been encouraged by the company’s ability to remain competitive and resilient in a tough economic environment.
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